Three Months Ended September 30,

Nine Months Ended September 30,

2019

2018

2019

2018

Numerator

Net income attributable to Generac Holdings Inc.

$

75,574

$

75,776

$

182,393

$

162,682

Redeemable noncontrolling interest redemption value adjustment

(1,485

)

(6,912

)

191

(16,882

)

Net income attributable to common shareholders

$

74,089

$

68,864

$

182,584

$

145,800

Denominator

Weighted average shares, basic

61,973,447

61,579,564

61,878,500

61,659,817

Dilutive effect of stock compensation awards (1)

797,145

640,734

640,705

606,323

Diluted shares

62,770,592

62,220,298

62,519,205

62,266,140

Net income attributable to common shareholders per share

Basic

$

1.20

$

1.12

$

2.95

$

2.36

Diluted

$

1.18

$

1.11

$

2.92

$

2.34